If you’re considering hiring an independent financial advisor, there are things you need to consider first, like whether or not they’re biased and if they’re qualified.

While captive advisors are limited in the solutions and products they offer to clients, independent advisors are not bound to a specific company and have many more products available to their clients.

While captive advisors are limited in the solutions and products they offer to clients, independent advisors are not bound to a specific company and have many more products available to their clients.

Conversely, independent advisors may not have access to certain proprietary products that captive advisors can offer clients. Similarly, compliance tends to be more stringent in the captive world.